Business Capital Solutions In Canada: Accessing Proper Cash Flow & Commercial Financing

Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.

1. Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general

2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing

3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company

Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!

A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.

How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.

Three basics always emerge when it comes to your search for the right business capital and financing.

1. The amount of financing you need

2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ‘ alternative lenders ‘. These lenders are typically highly specialized in one ‘ niche ‘ of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders

3. How the financing is structured to be manageable with your day to day operations

What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business

Let’s identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:

A/R Financing / Factoring / Confidential Receivable Finance

Inventory finance / floor planning / retail inventory

Working Capital term loans

Unsecured cash flow loans

Merchant working capital loans/advances – these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.

Royalty finance

Asset based non bank business lines of credit

Tax credit financing (SR&ED bridge loans)

Equipment Leasing / Sale leasebacks – Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used, assets.

Govt Guaranteed Small Business Loan program – Government Loans in Canada are sometimes referred to as ‘ SBL’, aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ‘ government ‘ loan solutions are often perfect for financing a new business.

If you’re focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing needs.

Stan has had a successful career with some of the world’s largest and most successful corporations.

His employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) In 2004 Stan founded 7 PARK AVENUE FINANCIAL – He is an expert in Canadian Business Financing.

Looking Beautiful – Natural Skin Care Products Available in the Market

No one has perfect skin everyday of their lifetime. At some time or another, we need skin care products. Beautiful skin is sought after all over the world. In the UK, natural skin products are a huge part of self confidence in the career world, in everyday life, and in the night life. We have to look good to feel good.Sometimes products that are referred to as natural contain chemical additives. On the shelf, you’ll see all kinds of products for facial skin care, beauty lotions and creams, and for wrinkling and age spots-natural anti-aging skin care products. Beware! Some of these are falsely advertised.There is an online store known as Natural Elements where you will find 36 different topics which contain tips on facial skin, body skin, and also hair. You could really use this Natural Elements store to determine what types of products are best for your skin. There are a few companies out there that have some of the most effective organic products known.One of the best known online companies available in the UK is Pure Earth Natural and Organic Skin Care. They have affordable products that are perfect for the skin and contain no dangerous elements. The company is equipped with caring, highly qualified professionals. They know what it takes to have beautiful, radiant skin.Another great product is Forever Living Products-the world’s top producer of aloe vera. Aloe vera comes from a plant that resembles cactus. It’s extracted from the leaf and is cold processed rather than freeze dried. This is a very wholesome natural product. Also from the company comes Mei Mei Baby Care. This segment of the company carries a wide variety of organic and natural baby skin care products. Naturally, mothers are obsessed with what they use on their babies’ skin.Raw Gaia is a totally unique company – they use living skin care products. The ingredients are vegan and organic elements infused with floral water and basic oils. They’re cold compressed. These elements work significantly better than artificial, chemical elements. These hand-made products are aimed to heal and revitalize the skin.We all know that any natural skin care products are going to be the best, whether you live in the UK or abroad. Climate affects skin, but natural and organic is always the best. Wherever you are the most effective all natural skin care is only a click away.

The Benefits of Learning How to Program Computers

I still remember the excitement I felt when I wrote my first basic program on the BBC Micro at school. It was a simple four line program that drew a triangle on the screen. In the early 1980s we enjoyed playing games such as Chuckie Egg and the famous Granny’s Garden on the BBC Micro which was the first computer we were introduced to, but the real excitement was getting the computer to perform tasks in the basic programming language. Simple programs that drew shapes or printed text on the screen weren’t exactly ground-breaking but it was enough to wet my appetite for programming and set me on the path to programming games on other computers such as the Spectrum, Atari ST and Amiga.In the good old days of the Spectrum you could buy magazines which feature pre-written games in basic code that you could type into your own Spectrum and hope the program ran okay. This was a great way of learning how code works and what commands do what. Books on basic programming were also released that would take you through the basics of commands and structure, and end up programming an entire game. The satisfaction of making things happen was amazing.So what are the benefits of learning how to program computers? In my personal experience it gives you a sense of achievement to create an entire program from scratch and see it working. Working out how to get the computer to do something is challenging as you try to decide how you are going to do it. The excitement of being able to create your very own game where you make the rules. The joy of other people playing it.Programming is good for the mind as it involves problem solving. For example: how to get multiple sprites moving across the screen and dropping bullets like the famous Space Invaders game. What to do if a player does something unexpected and the game crashes, how to tell the computer how to deal with these unexpected events. I once spent over a week programming a zoom function into an Art Package I wrote which gave me a great feeling of relief when I finally got it working.Programming can also be lots of fun and a great hobby. I met some good friends when I was writing programming tutorials for various Atari ST diskzines in the 1990s who I still hear from to this day. We would send each other disks full of programming tools and routines and look forward to the many programs we could create where we were limited only by our imagination. Our creations were reviewed in the top Amiga and ST magazines of the day which is something we all looked forward to.Finally programming can become a good source of income for you. Creating your own programs can become a reality with the many excellent programming languages available such as App Game Kit which allows you to create software that runs on multiple devices. People always want new software and employers need to find programmers to create it.There are many game creator programs on the market which require no programming at all but I personally find them limiting. If you want to create your own games or application then I highly recommend you get stuck into some good old fashioned coding with one of the popular programming languages on the market today.